Kennametal Highlights Achievements in Fiscal Year 2024 Corporate Responsibility Report

Core Insights - Kennametal Inc. has published its fiscal year 2024 Corporate Responsibility Report, highlighting progress in environmental, social, and governance (ESG) strategies [1][2] - The report addresses key stakeholder issues such as environmental health and safety, employee engagement, diversity and inclusion, and community engagement [1][2] Environmental Initiatives - The company achieved a 2% reduction in combined Scope 1 and 2 greenhouse gas emissions [2] - Water withdrawal decreased by approximately 4% [2] - Waste recycling efforts increased by 10% [2] Safety and Employee Engagement - Kennametal surpassed U.S. industry standard total recordable incident rates by 150% [2] - The company created three new employee resource groups to enhance workplace inclusivity [2] - An enhanced Code of Conduct was introduced to improve accessibility and inform employees about the Culture of Accountability [2] Alignment with Standards - The report aligns with GRI Standards Topics and SASB Industrial Machinery & Goods 2018 Sustainability Accounting Standards [2] - Kennametal recognizes the importance of the United Nations' Sustainability Development Goals (SDG) and has aligned these goals with priority topics [2] Company Overview - Kennametal has over 85 years of experience as an industrial technology leader, generating $2 billion in revenues in fiscal 2024 [3] - The company serves customers in various sectors, including aerospace, defense, energy, and transportation, with approximately 8,400 employees operating in nearly 100 countries [3]